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fixed-rate mortgages averaged 6.07 percent this week. That was down from 6.17 percent last week and was the lowest level for 30-year mortgages since the week of Dec. 6 when they fell to a two-year low.
Thirty-year mortgage rates averaged 3.82% in the week ended June 6, down from 3.99% a week ago and 4.54% a year earlier, the mortgage finance agency said. U.S. 30-year mortgage rates fall to.
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WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the upcoming season. Mortgage applications in the previous week’s buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage eased to 4.41 percent from 4.46 percent last week in the housing market.
For 30-year mortgage rates, the drop has gone from 4.5 percent one year ago to about 3.8 percent as of Thursday. The rate is close to all-time lows, and may entice refinancing activity. Special: No. 1 Stock to Buy Right Now – This New Tech Could Fund Your Retirement; Most mortgages are eligible for refinancing, even those made as recently as 2018.
The average price of a fixed-rate mortgage has continued to slide. The average rate fell to a 12-month low this week, according to a survey by Freddie Mac, with 30-year fixed-rate mortgages. RATES:.
Homebuilders Gain as Mortgage Rates Fall to Two-Year Low Ankita Gupta.. the average U.S. 30-year fixed-rate mortgage for the week ended Jun 6 declined 17 basis points (bps) to 3.82% from a week.
The decline was led by a 5 percent drop-off in purchase applications to a nearly two-year low, followed by a 3 percent. increasing prices and rising mortgage rates. The rate on the 30-year.
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WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the upcoming season. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage eased to 4.41 percent from 4.46 percent last week.
Rates for home loans mostly held steady, and even declined slightly, as investor jitters about a slowing economy and geopolitics continued to keep bonds attractive. The 30-year fixed. at about a.
30-year fixed-rate mortgage (FRM) averaged 3.82 percent with an average 0.5 point for the week ending June 6, 2019, down from last week when it averaged 3.99 percent. A year ago at this time, the.